616 GILBERT
About This Property
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 1, 2024 | Sold | ||
| Sold | |||
| May 20, 2024 | In contract | - | |
| In contract | |||
| May 13, 2024 | Listed by ERA REARDON REALTY, L.L.C. | $127,500 | |
| Listed by ERA REARDON REALTY, L.L.C. | |||
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**Offer Received. All offers due by 5/18 at 6pm**Welcome to 616 Gilbert St a spacious single family home that hosts 3 bedrooms, 2 full bath. Freshly painted throughout, this home offers a potential primary bedroom on main floor. This cute home is move-in ready with a flowing floorplan on the main floor and many options for upstairs. Sellers use the upstairs for private sleeping area so the laundry is conveniently installed there. Staircase built to upper level for convenience and safety. Nice sized back yard and cute single-car garage that sellers primarily use for storage. Location offers easy access to I-94 with shopping, restaurants and more close by. Sellers have worked hard to make this home a welcoming oasis! Visit soon to see this spacious home for yourself.
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| Jun 23, 2017 | Sold | ||
| Sold | |||
| May 2, 2017 | Listed by RE/MAX Platinum - Brighton | $60,000 | |
| Listed by RE/MAX Platinum - Brighton | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017